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ASMO

Active
Private limited company (pre-2019)founded 201115 yrs activeAbdijstraat 106, 2020 Antwerpen, BelgiumKBO/BCE: BE 0838.716.339

ASMO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-23k) and a net result of €12k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 16% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
50 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-18
Solvency5▲+5
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.75 in 2023; short-term debt: 120.2% and cash: 68% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-20.2%
Return on assets
10%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 26043 sector peers (2024).
NBB · sector comparison
Position among 26043 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
152 d late
2022
475 d late
2021
153 d late
2020
150 d late
2019
153 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€-23k▲ 33.2%
2023 · €-35k
2018: €-30k 2019: €-42k 2020: €-32k 2021: €-47k 2022: €-46k 2023: €-35k
2018 → 2024
Total assets
€116k▲ 12.4%
2023 · €103k
2018: €118k 2019: €100k 2020: €111k 2021: €110k 2022: €97k 2023: €103k
2018 → 2024
Net result
€12k▲ 12.9%
2023 · €10k
2018: €-33k 2019: €-11k 2020: €10k 2021: €-16k 2022: €2k 2023: €10k
2018 → 2024
Working capital
€-24k▲ 33.0%
2023 · €-35k
2018: €-44k 2019: €-53k 2020: €-40k 2021: €-53k 2022: €-48k 2023: €-35k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-32k-€-47k▼ 49.2%€-46k▲ 4.0%€-35k▲ 22.7%€-23k▲ 33.2%
Operating result€11k-€-15k€2k€11k▲ 401%€12k▲ 12.7%
Net result€10k-€-16k€2k€10k▲ 440%€12k▲ 12.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2020: €11k€11kNet result 2020: €10k€10kOperating result 2021: €-15k€-15kNet result 2021: €-16k€-16kOperating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €11k€11kNet result 2023: €10k€10kOperating result 2024: €12k€12kNet result 2024: €12k€12k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 13% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €116k
Fixed assets €185=
Current assets €116k▲ 12.4%
Key figures and ratios
2024 value · change against 2023
Solvency
-20.2%
2023 · -34.0%
Current ratio
0.83
2023 · 0.75
Quick ratio
0.57
2023 · 0.23
Debt / equity
-5.95
2023 · -3.94
ROA
10.0%
2023 · 10.0%
Debt
€140k
2023 · €139k
Debt ≤ 1 year
€140k
2023 · €139k
Staff costs
€23k
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€103k€116k
Fixed assets21/28€185€185=
Financial fixed assets28€185€185=
Current assets29/58€103k€116k
Stocks and contracts in progress3€72k€37k
Stocks30/36€72k€37k
Amounts receivable within one year40/41€7k-
Trade receivables40€7k-
Cash at bank and in hand54/58€25k€79k
Equity and liabilities
Total equity and liabilities10/49€103k€116k
Equity10/15€-35k€-23k
Contributions10/11€19k€19k=
Reserves13€751€751=
Distributable reserves133€751€751=
Profit (loss) carried forward14€-55k€-43k
Amounts payable17/49€139k€140k
Amounts payable within one year42/48€139k€140k
Current portion of amounts payable after more than one year42€37k€37k=
Trade debts44€5k€24k
Suppliers440/4€5k€24k
Taxes, remuneration and social security45€20k€24k
Taxes450/3€18k€14k
Remuneration and social security454/9€2k€10k
Other amounts payable47/48€76k€55k
Income statement Code20232024
Remuneration, social security and pensions62€4k€23k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8€839€2k
Gross operating margin9900€18k€37k
Operating profit (loss)9901€11k€12k
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€207€211
Recurring financial charges65€207€211
Profit (loss) for the period before taxes9903€10k€12k
Profit (loss) for the period9904€10k€12k
Profit (loss) for the period to be appropriated9905€10k€12k
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-43k
Profit (loss) brought forward from the previous period14P€-65k€-55k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Highest result since 2018net €12k ▲12.9%
Operating result €12k, net result €12k, both a record.
30-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
17-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 475 days late
2022
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
31-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
28-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 150 days late
2020
31-12
Financial Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
15-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 76 days late
28-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 240 days late
2017
21-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 52 days late
2016
23-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2012
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Abdijstraat 1062020 Antwerpen
Ground area
123 m²
Building footprint
123 m²
Volume, LiDAR
907 m³
Parcel 11809I2434/00P003, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASMO
Abdijstraat 106, 2020 AntwerpenManufacture of wearing apparel
since 20122.204.661.530
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11809I2434/00P003 Flanders 123 m² 1 · 123 m² 13.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,034 companies in sector 47721 we hold annual accounts for 582. 133 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded23-08-2011
Fiscal year end31-12
Activities, NACEBEL
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.